LRAD Corp. Wins $1.5m Navy Deal

(Press Release)
Wednesday, August 24, 2011

LRAD Corporation (NASDAQ: LRAD) announced a $1.5m  in new LRAD orders from the U.S. Navy. The orders, which consist primarily of LRAD 1000X systems and support equipment, are scheduled to ship this quarter. “This is the latest in a series of LRAD orders we’ve received from the U.S. Navy since 2003,” said Tom Brown, president and CEO of LRAD Corporation. “LRAD systems are deployed by naval forces around the world to hail, warn, notify and communicate over long distances, giving naval personnel time and distance to determine the intent of potential threats not responding to radio calls and creating standoff zones around their vessels.”

Categories: Contracts Maritime Security

Related Stories

Portchain and X-Press Feeders Partner on Efficiency

NIMO, Belfast Harbour Join Port Innovators Network

ABB to Power Allseas’ Heavy Transport Vessel Grand Tour

Current News

Portchain and X-Press Feeders Partner on Efficiency

Iraq to Export Crude via Multiple Outlets

Data Center Projects Boost Port of Los Angeles July Volumes

Soybeans Futures Rise on US Yield Doubts While Wheat Steadies

Subscribe for Maritime Logistics Professional E‑News